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Discuss in detail about the e-business? How did the concept originate?

Answer»

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Electronic business (e-business) refers to the use of the Web, Internet, intranets, EXTRANETS or some combination thereof to conduct business. E-business is similar to e-commerce, but it goes beyond the simple buying and selling of products and services online. E-business includes a much wider range of businesses processes, such as supply chain management, electronic order processing and customer relationship management. E-business processes, therefore, can help companies to operate more effectively and efficiently.
In 1994, IBM, with its AGENCY Ogilvy & Mather , began to use its foundation in IT solutions and expertise to market itself as a leader of conducting business on the Internet through the term "e-business."
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